YMCA leaders invest in the future of the YMCA
(21 July 2010, Hong Kong) This morning, 100 YMCA leaders were
presented with a “million dollar investment opportunity”; the
chance to invest in the future of the global YMCA movement and change
the lives of thousands more young people around the world. USD78,550
was pledged on the spot from YMCAs, as well as individual staff,
volunteers and youth.
As part of the 17th World Council of YMCAs, taking place from 19-24th
July in Hong Kong, a group of YMCA leaders from across the world was
invited to participate in an Investor's Circle meeting. Dr Bart
Shaha, Secretary General of the World Alliance of YMCAs, and Johan
Vilhelm Eltwik, General Secretary of YMCA Europe, shared information
on a resource mobilisation process that was initiated in 2008, and
that is already reaping significant rewards. Work has been done at
national, regional and world level to improve the YMCA's capacity
to raise funds. In particular, this has focused on governance,
financial management, communications, programme development and
proposal writing. This work, financed by an initial seed fund of
USD500 000 has already generated over USD1 million.
During the Investors Circle meeting, YMCA area leaders from Africa,
Asia and Pacific, Europe and Latin America presented plans for phase
two (2010-2014), which aims to raise a further USD3 million from
external sources to strengthen YMCAs worldwide and increase their
impact on youth and communities.
Impressed and inspired by the success of phase one of this work, in
less than 15 minutes 34 individuals and 15 YMCAs pledged financial
support to continue work to increase the visibility, social
relevance, and organisational capacity of YMCAs so that they are
better placed to raise, manage and report on funds from external
YMCA England sent a powerful message to other National Movements, by
making the first pledge of USD50 000 to support this process. John
Lilley of YMCA Canada was the first to make a personal commitment to
be an individual donor to this process with USD1 000.
“Phase two is for those who hold a vision for the YMCA that is
without boundaries. It is for those who are inspired by the
collective power and untapped potential of the full YMCA family. It
is for those who are proud to stand for global youth by standing for
the global movement,” said Dr. Bart Shaha.